$22 billion extra for fuel: India among countries which paid the most in Strait of Hormuz price shock, reveals study

Aug 29, 2026 - 22:30
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$22 billion extra for fuel: India among countries which paid the most in Strait of Hormuz price shock, reveals study
A study revealed that India was among the Top 20 countries incurring the highest gross extra costs for fuel amid the Strait of Hormuz crisis. India reportedly suffered a gross additional cost of USD 22 billion in the six months following the strikes on Iran.

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